UBS slashed its price forecast for global benchmark Brent to $80 per barrel on weakening demand in China, the world's largest crude importer.
Crude oil futures edged higher Thursday as a big bullish draw in U.S. gasoline inventories offset a higher than expected build in crude stockpiles. U.S. gasoline stocks fell by 4.4M barrels last week, ...
A supply glut tends to reduce prices, which could prove challenging for President-elect Trump’s plan to boost U.S. oil ...
That tension between growing energy demand and environmental concerns was on display at Tulane's inaugural event, which drew ...
Declines in U.S. refinery capacity are expected to slow the decrease in refining margins. Refinery margins or crack spreads, ...
Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 million barrels of oil a day, ...
There are still some pockets of deflation in the U.S. economy, though the dynamic has become more muted as supply chains ...
MOSCOW, November 14. /TASS/. The International Energy Agency (IEA) projects that oil demand will grow by 960,000 barrels per day (bpd) in 2024, the agency said in a report. Consequently, the outlook ...
Greening the world economy will be much cheaper than the two groups imagine. The Economist has looked at estimates of the global cost of an “energy transition” to a zero-emissions world from a range ...
The Paris-based organization forecasts global demand to grow by 921,000 barrels a day in 2024 from 862,000 barrels a day previously, largely due to stronger-than-expected gasoil deliveries in OECD ...
Lower prices helped to drive higher-than-expected OECD gasoil use in the third quarter, driving up overall oil demand, but ...
Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.